Eli Lilly is facing problems after the earnings presentation๐ด Eli Lilly is facing problems after the earnings presentation
NYSE:LLY has broken an especially important support and is now in free fall. Avoid buying it now.
The break also activates the bearish double top and that means that the $550 is the target of the pattern. If you look close to the chart, the volume appears in the $550-600 area, which is very similar to the double top target price.
$725 is the last support before a free fall to under $600.